Overview
- The Army awarded Lockheed Martin a $4.24 billion contract modification to raise GMLRS production ceilings, aiming for 14,000 rockets annually through fiscal 2027.
- Services are exploiting rapid-procurement vehicles with a solicitation for ‘launched effects’ targeting widespread fielding in 2026 and a pending $17 million Neros deal for 8,000 FPV drones.
- Navy officials plan to integrate an unmanned surface vessel into a carrier strike group by late 2026, transitioning USVs from prototypes to operational assets.
- Govini’s 2025 scorecard highlights that nearly half of critical defense parts face long lead times and supplier shortages, while the DNFSB report flags elevator failures in Los Alamos’s plutonium facility.
- Merlin Labs announced a SPAC merger valuing it at $800 million pre-money and securing over $125 million in committed PIPE funding to accelerate AI-powered aviation capabilities for defense.